Circular

26th May, 2006

009/IRDA/BRO/MAY06


To,

All Insurance Brokers,

SUB :BROKERS –ON-LINE-FILING OF ANNUAL RETURNS


The Authority has designed and tested an automated system for Broker’s Annual returns submissions and in this connection the Authority requires the brokers to submit their annual returns through our portal hosted under the following website address which will be ready for filing from 1st April 2006. http://www.irda.gov.in

The user manual for submission of ‘Data’ has been made available in our website under the following link: http://www.irdaindia.org/ibmain/brokermanual.zip.

The instructions mentioned in the user manual must be adhered and ensured the data is submitted as per the requirement of Authority. The brokers are required to formally register with our portal for the purpose of filing returns and the procedure for the same has been made available in user manual.

At the first instance , you are requested to submit the data on-line for the financial years 2003-04,2004-05 and also for the year during which the license was granted. This activity should be completed on or before 30th June,2006. The data submission for the year 2005-06 should be completed by 30th September ,2006. For all the above years , brokers shall send signed hard copies (generated from the portal )to IRDA duly signed by the principal officer.

In case of any clarifications on the technical aspects, you can send your queries to Mr. Deepak Khanna, Sr.A.D.(IT) at deepak@irdaonline.org or call him on 040-55681125. Any clarifications on the formats etc. may be addressed to Mr. Suresh Nair, Sr.A.D at nairs@irdaonline.org


(C.S.Rao)
Chairman

     


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